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Financial PlanningThe objectives of this programme are to enable participants to understand the Foundation of Financial Planning. On successful completion of this programme, participants can apply for the Associate Financial Planner (AFPCM) certification.
The Associate Financial Planner (AFPCM) certification is an entry level certification in the financial planning sector. The AFPCM certification trains the individual to be competent to recommend general financial planning strategies and to advise on the appropriate selection and use of various financial products.
Upon attaining the AFPCM certification, participants may choose to pursue a CERTIFIED FINANCIAL PLANNER™/CFP® certification, which represents the gold standard of financial planning and wealth management. CFP® certificants are seen as the cream of the crop within the financial planning and wealth management industries.
Assessments are conducted by the Financial Planning Association of Singapore (FPAS).
Age
18 years old
Academic Qualification
Any of the followings:
- GCE A level
- Diploma
Self – Sponsored | Company – Sponsored | |||||
Course Fee | FPAS
Exam Fee |
Total Fees | Course Fee | FPAS Exam Fee | Total Fees | |
Fees (with GST) | $1,179.00 | $321.00 | $1,500.00 | $1,179.00 | $321.00 | $1,500.00 |
Fees (without GST) | $1,101.87 | $300.00 | $1,401.87 | $1,101.87 | $300.00 | $1,401.87 |
90% IBF-STS fee Subsidy | 1,061.10 | 288.90 | 1,350.00 | 991.68 | 270.00 | 1,261.68 |
5% IBF Credit fee Subsidy | 58.95 | 16.05 | 75.00 | 55.09 | 15.00 | 70.09 |
Total Subsidies | $1,120.05 | $304.95 | $1,425.00 | $1,046.77 | $285.00 | $1,331.77 |
*Fee Payable after Subsidies | $58.95 | $16.05 | $75.00 | $132.23 | $36.00 | $168.23 |
Self-sponsored individuals (SC/PRs) can receive $10 per training hour under the Training Allowance Grant (TAG) | 24 Hrs X $10 = $240.00 | |||||
Financial Institutions can receive $15 per training hour under the Training Allowance Grant (TAG) | 24 Hrs X $15 = $360.00 |
Information on Institute of Banking and Finance Singapore (IBF) Fee Subsidy